ADB says COVID-19 crisis could cut up to 9.7% off global economy

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Up to 242 million jobs will be lost due to the virus that has battered the world economy, the Asian Development Bank said. ? AFP/Files MANILA: The coronavirus pandemic could cut up to 9.7% off the global economy, the Asian Development Bank said Friday, doubling its previous estimate as the virus stifles trade and leaves millions jobless.

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